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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Auto Sales YoY fell to -25.0% in July 2026
FMPMonthlyReleased August 2026
Turkey Auto Sales YoY fell to -25.0% in July 2026, released August 2026, down 13.6% from June's -11.4% reading. The reading missed the -9.0% consensus by 16.0%. The print is running well below the 12-month average of 4.5%. Over the past 3 months, Auto Sales YoY averaged -16.95%, vs -5.57% in the prior 3-month window. Auto Sales YoY is now the lowest in 33 months.
Latest Release
-25
Actual
-9
Consensus
-11.4
Previous
Median Absolute Error
±9.99 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: -10.98
Actual: -25
Error: +14.03
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.43 | COMMODITIES | Moves with | → View |
| S&P 500 | ▼ Inverse | −0.43 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.27 | CRYPTO | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Auto Sales YoY (Turkey) was reported at -25% in August 2026. This missed the market consensus of -9% by 16%. The reading fell from the previous value of -11.4%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 2.82%, ranging from -25% to 25.7% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged -19.63%, down from the prior three at 6.47%. Volatility over the past year (σ 16.56%) is higher than the prior year (σ 14.71%). In August readings over the past 3 years, Auto Sales YoY has averaged -9.33%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 9.99%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Aug 21) and Consumer Confidence (Aug 21).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Auto Sales YoY - TR
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About Auto Sales YoY — Turkey
DEFINITION
Auto Sales YoY (Year over Year) is a financial indicator that measures the percentage change in the number of vehicles sold by a company or industry over a 12-month period. This metric is used to assess the health and growth of the automotive market and can provide valuable insights into consumer spending and economic trends. A positive YoY growth indicates an increase in demand for vehicles, while a negative YoY growth may suggest a decline in sales. Auto Sales YoY is a key indicator for investors, analysts, and businesses in the automotive industry to make informed decisions and projections.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual -25 %, consensus -9 %. Prior reading (Jun 2026): -11.4 %. Before that (May 2026): -22.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.43) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
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Economic Calendar - TR Events
| Thursday, August 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 14:30 | TR | Central Government Debt | 14.992 | 15.2 | 15.33 | Low | |
| Friday, August 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:00 | TR | Business Confidence | 102.2 | 102.5 | 103.75 | Medium | |